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Golden Wedding Dress Company designs custom wedding dresses for brides to be the person preparing the adjusting entries at year-end was unable to complete the adjustments due to illness. You have been given the following unadjusted trial balance along with some additional information for the December 31, 2020. year-end Account Accounts receivable Accum. deprec., building Accum. deprec., equipment Advance sales Allowance for doubtfal accounts Building Cash Equipment Estimated warranty liability Unadjusted Balance Account S B1, 400 Land 122, 000 Merchandise inventory 338.000 Mortgage payable 222,000 Sarah Golden, capital 700 Note payable 427.000 Other operating expenses 87.700 Sales 631,000 salaries admin expense 3, 800 Sales return and allowances Unadjusted Balance S 127,000 71,000 222, 873 214,177 156,000 1.167,000 1,351,000 30, 250 8, 200 Other information 1. Assume all accounts have a normal balance 2.75% of the balance in the Advance Sales account is for wedding dresses to be made and delivered by Golden during 2021 the remaining 25% is from sales eamed during 2020 3. Golden warranties its wedding dresses against defects and estimates its warranty liability to be 3% of adjusted net sales 4. The 4%, 5-year note payable was issued on October 1, 2020, interest is payable annually each September 30. 5. The mortgage is paid annually on the first day of the next year. The next mortgage payment will be paid consisting of $8.915 interest and $24,064 principal for a total of $32.979. sive Assignment for marks Saved Help Save & Exit Sub 3. Golden warranues its wedding dresses against detects and estimates its warranty liability to be 3% of adjusted net sales 4. The 4%. 5-year note payable was issued on October 1, 2020; interest is payable annually each September 30. 5. The mortgage is paid annually on the first day of the next year. The next mortgage payment will be paid consisting of $8,915 interest and $24,064 principal for a total of $32.979 6. Uncollectible accounts are estimated to be 1% of outstanding receivables 7. A physical count of the inventory showed a balance actually on hand of $62,200 8. Sarah promised her operations manager a year-end performance bonus of $3,742, which would be paid with her salary in January for high sales achieved this year. Required: 1. Based on the information provided, journalze the adjusting entries at December 31, 2020 View transaction list Journal entry worksheet Record to adjust for earned sales Ate window View transaction list Journal entry worksheet Record the estimated warranty liability. Note: Enter debits before credits Date General Journal Debit Credit December 31, 2020 Journal entry worksheet Record the accrual of interest on mortgage payable. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2020 View transaction list Journal entry worksheet Record to adjust for estimated uncollectible accounts. es Note. Enter debits before credits Date General Journal Debit Credit December 31, 2020 View transaction list Journal entry worksheet

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